Page 223 - Kolte Patil AR 2019-20

Year ended March 31, 2020
7,240
10
758
762
9.55
9.50
As at March 31, 2020
72,867
8,032
64,835
91,982
70.49%
Notes forming part of the Consolidated Financial Statements
41. EARNINGS PER SHARE
Particulars
Year ended March 31, 2019
Net profit attributable to shareholders (` in Lakhs) 7,540
Nominal value of equity shares (Amount in Rs.) 10
Weighted average number of equity shares for basic (No. in Lakhs) 758
Weighted average number of equity shares for diluted EPS (No. in Lakhs) 762
Basic earnings per share – (Amount in Rs.) 9.95
Diluted earnings per share – (Amount in Rs.) 9.92
42. FINANCIAL INSTRUMENTS
i) Capital Management
The group’s capital management objectives are:
- to ensure the company’s ability to continue as a going concern
- to maximize the return to stakeholders through the optimization of the debt and equity balance.
The group monitors capital on the basis of the carrying amount of equity as presented on the face of the statement of financial position. The company sets the amount of capital in proportion to its overall financing structure, i.e. equity and financial liabilities. The company manages the capital structure and make adjustments to it in the light of changes in economic conditions and the risk characteristics of the underlying assets.
a) Gearing Ratio:
The Gearing ratio at the end of the reporting period are as follows:
Particulars
Debt* (A)
Cash and bank balances (B)
Net Debt (C) = (A-B)
Total Equity (D)
Net debt to equity ratio ( E )=(C/D)
*Debt is defined as long-term and short-term borrowings.
(H in Lakhs) As at
March 31, 2019
80,701
4,168
76,533
84,602
90.46%
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